NOT LISTED FOR SALE
-- Bed
2 Baths
8,844 Sq Ft
2,750 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $1,150,000 $130 Per Sq Ft

73 Days on Market

Highlights

  • Federal Architecture
  • Intercom
  • Property is in very good condition
  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Mount Vernon Children's Park

About This Home

As of August 2019

Recently gut renovated property in the heart of Mount Vernon. Four huge apartments between 1,700 and 2,300 square feet each, There is (1) three bedroom unit and (3) four bedroom units with hardwood floors, granite counter tops, stainless steel appliances, washer dryer, high ceilings and open floor plans. The building has been fully occupied for six straight years and has very reliable income and expenses. Property also includes (10) parking spots on site. Some owner financing available.

Last Agent to Sell the Property

Tim Klempa

Permira Realty, LLC Listed on: 05/03/2019

Last Buyer's Agent

Carin Ganjon

Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,317

Year Built

  • Built in 1900 | Remodeled in 2012

Lot Details

  • 2,750 Sq Ft Lot
  • Property is in very good condition

Home Design

  • 8,844 Sq Ft Home
  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, pest control, repairs, snow removal, real estate taxes, personal property taxes, trash collection
  • Tax Lot 032
  • Assessor Parcel Number 0311120507 032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $34,229
  • Net Operating Income $88,771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,317

Year Built

Built in 1900 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2012
  • Remarks Public: Recently gut renovated property in the heart of Mount Vernon. Four huge apartments between 1,700 and 2,300 square feet each, There is (1) three bedroom unit and (3) four bedroom units with hardwood floors, granite counter tops, stainless steel appliances, washer dryer, high ceilings and open floor plans. The building has been fully occupied for six straight years and has very reliable income and expenses. Property also includes (10) parking spots on site. Some owner financing available.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 8844
  • Living Area Sq Ft: 8844
  • Price Per Sq Ft: 135.12
  • Above Grade Finished Sq Ft: 8844
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1025

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 10
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 89
  • Previous Twelve Months Electric Expense: 1072.00
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 207
  • Water Previous Twelve Months: 2484.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 706400.00
  • Land Assessed Value: 324000.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: OR-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Common Area Maintenance, Insurance, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Taxes - Personal Property, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 121920.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12949284
  • Tax Annual Amount: 24317.00
  • Assessor Parcel Number: 0311120507 032
  • Tax Lot: 032
  • Tax Total Finished Sq Ft: 8844
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/15/2019

Multi Family

  • Operating Expense: 34228.91
  • Other Units: Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $1,150,000 -3.8% $130 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $1,195,000 -7.7% $135 / Sq Ft
05/03/2019 05/03/19 For Sale $1,295,000 -- $146 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA467010

Bright MLS